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Home News & Events TD&A NEWS: Malta as the European Point of Entry for Chinese Investments

TD&A NEWS: Malta as the European Point of Entry for Chinese Investments

Friday, 22 July 2011 20:31

Tanti-Dougall & Associates, Advocates, have featured prominently in the Summer 2011 Edition of 'Invest In', a prestigious business publication which carries a special report on what Malta has to offer Chinese businessmen and investors particularly in the services and financial sectors. Dr Michael Tanti-Dougall spoke on how Malta could be beneficial for China's growing investments in an interview entitled "China's European Entry Point - Malta" which is carried in both the English language and the Chinese language.

'Invest In' a quarterly publication by MX Media Group of Hong Kong, has been described as "China's leading source of outbound investment news and information." Its Editor-in-Chief is James Zhang.

Its Editorial comments that during the first half of 2011 alone, Chinese non-financial companies made direct investments valued US $ 8.5 billion in 974 overseas enterprises in 98 countries with a cumulative outbound direct investment of US $ 267 billion from non-financial companies. Direct Chinese investments within the European Union only have reached 150 % and Malta is confident that it can further attract such investments given its practical corporate and attractive tax incentives.

Indeed, Chinese businessmen and investors are seeking to make use of Malta as a platform for their businesses to enter the European market and reach for its billions of consumers.

Strongly believing in the importance of Chinese investment in Malta, Dr Tanti-Dougall opines that “Malta is indisputably extremely attractive for foreign investors and companies to carry out their business in particular for its excellent financial services legislative framework and for its advantageous tax benefits for corporate structures including trusts, benefitting from as many as 58 double tax agreement treaties. Every foreign investor in Malta would indeed be able to benefit from a corporate structure that allows him to enjoy a good return on profits whilst at the same time, benefit from lowest taxes possible, normally capped between 0 % to 5 %." China can benefit immensely from such a scenario enabling it to become even more competitive within the European market especially given the double tax agreement treaty entered into by Malta and China last year.

Dr Michael Tanti-Dougall is a member on the Executive Committee of the Maltese-Chinese Chamber of Commerce which has been recently set up for the purpose to promote business and investment opportunities between businessmen and investors hailing from the two countries.

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